WinIce or SoftIce is not part of Microsoft. Infact, im pretty sure microsoft hates such software.
If you dont know if you have it, you most likely dont
However, ive seen that error before in other programs (long time ago, so dont remember where or what), but i dont know how to fix it.
Try reinstalling MS VS or DGDK.
EDIT:
Hmm just thought of something.
At my work/school, we use roaming profiles. This means we have a home directory and a desktop that gets shared on a server. So i can log on anywhere.
But if i make a Visual Studio project and save it on any of those shares (home drive, desktop or my documents) i get an Access Denied exception kinda message... dont remember the exact exception. This happens when using DGDK.NET (or use a few specific commands such as Application.Exit(); ) so maybe your message is the equivelant in the C++ lib version.
Try compiling and copying the exe file to a local folder to which you have full access (C: drive).
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